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On September 19, 2022, the Federal Trade Commission (FTC) and the California Department of Financial Protection and Innovation (DFPI) filed their first joint lawsuit in California...
Operation promised to help distressed homeowners negotiate with lenders to lower their interest rates, monthly payments or principal amounts.
The filing is the first joint action by the Federal Trade Commission and California Department of Financial Protection and Innovation to rely, in part, on the enforcement of the state's 2020 consumer protection law.
The Federal Trade Commission and the California Department of Financial Protection and Innovation (DFPI)